8.12 Morning Operation Strategy
On the four-hour level, Bitcoin has pulled back after reaching a high, but the key support level has held, making a rebound likely. The downward momentum is weakening, and it hasn't broken the support level of 118,000. Strong buying indicates that the pullback is still a consolidation phase, and the medium-term upward trend remains intact. In the morning, focus on a low-buy strategy, set appropriate stop-losses, and avoid holding losing positions.
Buy Bitcoin near 118,300-117,700, targeting around 12. If it breaks through, further targets are 121,500$BTC #比特币市值超越亚马逊